The Johannesburg Stock Exchange (JSE) is boosting its currency derivatives business, The Wall Street Journal reports. The exchange has unveiled a new pricing system for currency options, SuperDerivatives (SD), which will provide market data to power the new products. The new offering will enable investors to negotiate the terms of the option contract and choose the underlying asset. The JSE will feed into SD’s independent market data to enable accurate calculation of daily closing prices, adds Moneyweb.
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